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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ???? -- Ignore unavailable to you. Want to Upgrade?


To: ThinkWithYourHead who wrote (71)11/27/1998 6:29:00 PM
From: JC Reddy  Read Replies (1) | Respond to of 1196
 
You are probably the same guys who said AMZN was overvalued at $50 and shorted it. Be careful. AMZN isn't making money and isn't going to for the next two years. Its at 20 times its sales and BAMM is at 2 times its sales.

Just a thought.



To: ThinkWithYourHead who wrote (71)11/27/1998 6:29:00 PM
From: KELLIS  Respond to of 1196
 
I don't think you should short bamm at this time (I am long the stock). It has been the number one stock in volume the day before and after Thanksgiving. It traded over 33 million today in only 3 1/2 hours of trading. This thing probably has several more days of powerful moves upward and shorting it now could be very dangerous. Do you see it reversing immediately Monday and going straight down from here? No way. It will have a few days of mediocre volume before the it reverses. You better cover quickly Monday at the open.